5 Stocks Boosting The Industrial Industry Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 72 points (0.5%) at 14,749 as of Thursday, April 25, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,049 issues advancing vs. 833 declining with 158 unchanged.

The Industrial industry currently sits up 0.7% versus the S&P 500, which is up 0.7%. Top gainers within the industry include Graco Incorporated ( GGG), up 5.6%, Illinois Tool Works ( ITW), up 2.5%, CNH Global ( CNH), up 2.3%, ABB ( ABB), up 2.1% and Parker Hannifin Corporation ( PH), up 1.5%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Danaher Corporation ( DHR) is one of the companies pushing the Industrial industry higher today. As of noon trading, Danaher Corporation is up $0.49 (0.82) to $60.45 on average volume Thus far, 1.1 million shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $59.83-$60.92 after having opened the day at $60.09 as compared to the previous trading day's close of $59.96.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services primarily in North America, Europe, and Asia/Australia. Danaher Corporation has a market cap of $40.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.0, below the S&P 500 P/E ratio of 17.7. Shares are up 7.3% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Danaher Corporation as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Danaher Corporation Ratings Report now.

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